Recently, Zacks.com users have been paying close attention to Lockheed (LMT). This makes it worthwhile to examine what the stock has in store.
On March 2, 2026, as news broke of U.S. and Israeli strikes on Iranian nuclear and military sites during Operation Epic Fury, defense stocks moved opposite to nearly everything else.
U.S. defense contractors, like Lockheed Martin , are expected to follow the Pentagon's order to purge Anthropic's prized AI tools from their supply chains, government contracting and technology attorneys said, even though the Trump administration's ban on their use may fail in court.
Recent events in the Middle East have only reinforced an armaments megatrend, analysts at Citi believe, arguing growth expectations across the sector still look too conservative. The bank flagged RTX Corp (NYSE:RTX, XETRA:5UR), L3Harris Technologies Inc (NYSE:LHX, XETRA:HRS), Lockheed Martin Corp (NYSE:LMT), Karman Holdings Inc (NYSE:KRMN), and Ducommun Inc (NYSE:DCO) as particularly sensitive to the theme, given their exposure to missile and interceptor systems.
Shares of industry leaders Lockheed Martin NYSE: LMT, RTX Corporation NYSE: RTX, and Northrop Grumman NYSE: NOC have surged, with some reaching new highs on a significant increase in trading volume.
A giant in the aerospace world, shares of Lockheed Martin ( NYSE:LMT ) are up 1% over the past week and 38% year-to-date as of March 2, 2026, a great way to start the month amid market concerns tied to U.S.
Defense stocks are in focus today, following news that the U.S. and Israel attacked Iran over the weekend, with missile strikes killing Supreme Leader Ayatollah Ali Khamenei.
Despite the widespread uncertainty and a selloff across multiple sectors, the early morning hours of Monday, March 2, led to a strong rally across several key industries.
Rising U.S. defense spending and modernization plans boost prospects for Lockheed Martin and Kratos Defense amid surging demand for advanced military tech.
Recently, Zacks.com users have been paying close attention to Lockheed (LMT). This makes it worthwhile to examine what the stock has in store.
Calls for Europe to take charge of its own security are growing stronger. After decades of debate, the idea of an EU army is still facing pushback.
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